If you buy insurance to meet the states financial responsibility law, you must buy at least the minimum amount. The current minimum liability limits are $30,000 for each person injured, up to a total of $60,000 per accident, and $25,000 for property damage per accident. The basic coverage is called 30/60/25 coverage. Assume you currently have the state minimum requirements and answer questions 3-5. 3. What would be the liability policy limits you feel comfortable with? 4. Figure out how much more premiums you need to pay in order to get the limits you feel comfortable with. Also, how much are your current premiums? 5. If it cost too much for you to increase to your ideal level, what level of liability limits are you actually increasing to? How much would you pay?